Business Email Compromise stories
Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.
Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.
Cofense reveals AI-driven phishing emails bypass traditional defences every 42 seconds in 2024, posing a fresh challenge to email security systems.
Expel expands its managed detection and response service to tackle email threats, integrating with Proofpoint, Abnormal Security, and Sublime Security.
A recent report by Arctic Wolf reveals cybercriminals are evolving their tactics, with 96% of ransomware cases now involving data theft to maximise ransom pressure.
Research by Proofpoint reveals only 12% of Asia Pacific firms use essential email authentication, exposing them to a surge in phishing attacks.
ReliaQuest's new report reveals a worrying 24% rise in ransomware attacks on the manufacturing sector, impacting 624 companies between August 2024 and January 2025.
Cybercrime has overtaken state-sponsored hacking as the main online threat, with healthcare and energy sectors particularly vulnerable, warns Google.
CyberCX's 2025 Threat Report reveals troubling trends, with espionage detection times rising to over 400 days and ransomware incidents surging to 38%.
VIPRE Security Group's annual report reveals over 90% of 7.2 billion processed emails in 2024 were spam, with ominous trends projected for 2025.
As the cybersecurity landscape evolves, organisations must adapt to emerging trends in 2025, prioritising cloud solutions, AI risks, and skills shortages.
New research from Abnormal Security highlights a 26.9% rise in advanced email attacks in the Asia-Pacific, with phishing emerging as the leading threat.
Australian businesses face more complex cyberattacks as AI-powered ransomware, BEC, and supply chain threats escalate, warns Borderless CS CEO Jayaprakash Muthusamy.
Check Point unveils AI-powered cybersecurity platform in Singapore, combining local data residency with proactive threat intelligence for enhanced protection.
Phishing remains the top US cybercrime, with 193,000 complaints; attackers now use subtle linkless emails and fake MFA alerts to trick users.
Commvault warns of rising ransomware threats in Australia, urging businesses and individuals to boost cyber resilience ahead of Anti-Ransomware Day amid AUD $3bn annual damages.
AI advancements are boosting cybercrime in Australia, with infostealer malware and deepfake scams costing businesses millions despite MFA safeguards.
Red Sift partners with Gradian to boost access to its OnDMARC email security, enhancing protection against AI-driven cyberattacks for UK businesses.
Experts warn poor password management risks account fraud as 27% of businesses lack strong password policies, spotlighting security on World Password Day.
Australian organisations face rising cyber threats bypassing MFA, prompting a shift to passwordless authentication and a AUD $288.1 million government security boost.